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Caesars Promo Code Unlocks $1,250 for New Orleans Bowl

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Caesars New Orleans Bowl, 12/21/2022

Caesars Sportsbook promo code ACTION4FULL has arrived in time for the holiday season — bowl season, that is. Wednesday has just one game, the New Orleans Bowl, between South Alabama and Western Kentucky.

This promo code unlocks a $1,250 first bet on the house on any sport or market. Just make your first wager at Caesars and if it loses, you’ll be refunded in free bets the amount you lost (up to $1,250).

Caesars is a must-have sportsbook in your arsenal as we enter the stretch run of the NFL season and the heart of college football bowl season. I like their same game parlays due to available markets — you can add more volume-based props like rushing and passing attempts.

How Promo Code ACTION4FULL Works

Here’s how this promo code will go — it’s pretty straight-forward compared to some of the other offers in the sports betting industry right now.

All you need to do is sign up and make your first bet at Caesars. There’s no opt-in, or button to press. You just make your first bet. If it loses, you get free bets back equal to whatever you lost.

Let’s say on Wednesday, I want to bet Western Kentucky moneyline against South Alabama, priced at +160. The best ways to use your sports betting promos and bonuses is on plus-money wagers, so that’s what I’ll do here.

I’ll deposit $200 and put it all on WKU. If WKU wins, I profit $320, and keep the original $200. If WKU loses, I lose $200 in cash but get $200 back in free bets.

If you do get the free bets back, you’ll need to use them. Here’s how, and how they work.

How Free Bets Work at Caesars

Free bets are like bets on the house — you keep the winnings if they win, but not the original bet amount.

If Western Kentucky loses on Wednesday, I’ll get my free bets back for Thursday, and use them on JetsJaguars on Thursday Night Football.

As with the risk-free bets, you’ll get more expected value betting at plus-money. That’s what the math says is optimal so I always try to recommend plus-money wagers.

If WKU loses, I’ll get $200 back in free bets. Let’s say I put them on Tyler Conklin to score a touchdown against the Jags at +400.

  • If Conklin scores, I’ll profit $800 but I don’t keep the $200 in free bets,
  • If Conklin doesn’t score, the free bets are gone, and my promo is effectively over.

Offers by State

There are some different offers by state, particularly the newly-launched and soon-to-launch Maryland and Ohio. There are also exclusive offers live in those states.

  • ACTION4FULL gets new users in any location up to $1,250 in free bets if their first bet loses at Caesars.
  • ACTION4PICS is exclusive to Maryland bettors and nets $100 in free bets if your first wager is between $20 and $100. If you bet more than $100, it becomes “On Caesars” up to $1,500 — meaning they’ll refund you in free bets equal to the amount you lose, should it lose.
  • ACTIONTIX is an exclusive offer to Ohio users that grants a free $100 upon betting $20+ and also gives entry into a weekly ticket drawing for Cleveland Cavaliers tickets.

Before continuing, read our 12 sports betting tips and a how-to for reading American odds guide if you’re new to sports betting.

How to Sign Up at Caesars

First, we’ll cover the sign-up process. If you’re in a Caesars state for the holidays but don’t live there, you can still sign up and bet. We’ve put together a complete guide to traveling and betting when you’re in a state where it’s legal but don’t live there.

  1. Click here and select your state.
  2. Enter code ACTION4FULL at checkout
  3. Provide your basic personal information to create an account, including your name, date of birth, address & email address.
  4. Deposit money to Caesars via bank account or credit card.
  5. Make your first bet (up to $1,250, but not a penny more)

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